Sunday, 24 June, 2018

Fyre Festival Organizer Charged With Selling Fake Tickets While Out On Bail

Billy McFarland Billy McFarland Charged for Coachella & Super Bowl Scam While Awaiting Sentencing for Fyre Festival
Julia Gonzales | 13 June, 2018, 20:25

"I deeply regret my actions, and I apologize to my investors, team, family and supporters who I let down", the Associated Press quoted McFarland as telling the judge in that case the day he pled guilty.

Billy McFarland, the promoter of the failed Fyre Festival in the Bahamas, leaves federal court after pleading guilty to wire fraud charges, Tuesday, March 6, 2018, in NY. They say the 26-year-old McFarland went on to sell fraudulent tickets totalling nearly $100,000 to various events.

McFarland is reportedly now facing a new set of charges connected to a post-Fyre Festival ticket scam.

McFarland was rearrested Tuesday and charged with earning $100,000 by selling fake tickets to events including the Coachella Festival and the Met Gala through NYC VIP Access, a company he controlled, and attempted to hide his involvement by sending sale proceeds to other people's bank accounts, according to multiple news reports. He's due to be sentenced this month after pleading guilty in March.

McFarland has been charged with one count of wire fraud and one count of money laundering.

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According to Pitchfork, McFarland solicited Fyre Festival attendees to purchase tickets from the site when the tickets did not exist.

Organiser McFarland admitted two counts of wire fraud back in March. Tickets for the event cost thousands of dollars, but when attendees arrived they found poorly built tents, a lack of food and clean water and an insufficient number of public toilets.

McFarland allegedly began running the ticket scheme in late 2017 - just months after his June 2017 arrest for defrauding Fyre Media investors out of $24 million. Each count faces up to 20 years in jail.

Sweeney Jr., head of New York's Federal Bureau of Investigation office, says new charges show that McFarland didn't stop committing crimes after pleading guilty in March to defrauding investors and vendors in the Fyre Festival.

Hulu announced in April it was producing a documentary series about the Fyre Festival.

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